$4.50M
111-113 Turgot AvenueEdgewater, FL 32132
Listing updated: November 6, 2026 at 6:37 PM ET
Property type
Year built
Building size
Lot size
Price / SF
Units
Days on market
About this property
Edgewater Villa Apartments is a 26-unit multifamily investment opportunity in Edgewater, Florida, with the major capital work already done. The property has two separate two-story buildings, one with 10 units and one with 16, and every unit is a 2 bedroom, 1 bath with a consistent floor plan, which keeps operations, leasing, and renovations simple. Recent improvements include both roofs fully replaced in March 2026, a full exterior update and repaint in early 2025, and most HVAC units replaced within the last three years. Ownership has run a successful value-add program, completing 21 unit renovations between 2023 and 2026. The remaining 5 units give a new owner a clear path to rent growth by continuing the existing renovation scope. 24 of 26 units are currently occupied. With most major capital expenditures already behind it, this property offers stable in-place income with upside, in a market with strong rental demand. Financials and rent roll available upon request.
Virtual tour
Facts & features
- Property type
- Commercial Sale
- Sub type
- Multi-Family 5+
- Status
- Active
- Days on market
- 0
- Subdivision
- Edgewater Villas
- County
- Volusia
- Year built
- 1984
- Building area
- 18,944 sq ft
- Price/sq ft
- $238
- Lot size
- 58,217 sq ft
- Units
- 26
- Buildings
- 2
- Road frontage
- City Street
- Building features
- Bathrooms, Fencing
- Annual taxes
- $1K (2025)
- Parcel #
- 743321110010
- MLS #
- G5119850
Listing details
- Listing date
- 2026-11-02
- On market date
- 2026-11-06
- MLS area
- 32132 - Edgewater
- Status changed
- 2026-11-06
- Tax legal description
- UNIT 111-1 EDGEWATER VILLAS CONDO PER OR 5992 PG 4538 PER OR 6077 PG 1090 PER OR 7819 PG 4003 PER OR 7960 PG 2709 PER OR 8271 PG 2576
Location
Directions
I-95 Exit 244 (SR 442), east on Indian River Blvd to US-1, left (north) on US-1, left (west) on W Turgot Ave. Property on W Turgot just west of US-1.
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of November 6, 2026 at 6:37 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Licensed Real Estate Broker · MaxLife Realty, LLC · FL Lic. #BK3354351 · Equal Housing Opportunity · Terms · DMCA